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Great Northern Iron Ore Properties, a conventional nonvoting trust, owns and leases mineral and non-mineral properties on the Mesabi Iron Range in northeastern Minnesota. The company has a P/E ratio of 7.36.

The average volume for Great Northern Iron Ore has been 10,400 shares per day over the past 30 days. Great Northern Iron Ore has a market cap of $108.0 million and is part of the metals & mining industry. Shares are up 7.2% year-to-date as of the close of trading on Tuesday.

TheStreet Ratings rates
Great Northern Iron Ore as a
sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and weak operating cash flow.

Highlights from the ratings report include:

GREAT NORTHERN IRON ORE PPTY's earnings per share declined by 20.1% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, GREAT NORTHERN IRON ORE PPTY reported lower earnings of $13.38 versus $15.37 in the prior year.

The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Metals & Mining industry. The net income has decreased by 20.2% when compared to the same quarter one year ago, dropping from $4.27 million to $3.40 million.

Net operating cash flow has decreased to $3.19 million or 47.12% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

In its most recent trading session, GNI has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Turning our attention to the future direction of the stock, we do not believe this stock offers ample reward opportunity to compensate for the risks, despite the fact that it rose over the past year.

Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Metals & Mining industry and the overall market, GREAT NORTHERN IRON ORE PPTY's return on equity significantly exceeds that of both the industry average and the S&P 500.